Barrington raised the firm’s price target on Charles River Associates (CRAI) to $228 from $224 and keeps an Outperform rating on the shares following strong Q1/25 results that exceed expectations and reaffirmed 2025 guidance. The firm notes that after a slow start in January, demand strengthened on a sequential basis in February and March. For the full quarter, new project lead flow increased 5% year-over-year and new projection originations were up 3% year-over-year.
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